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Fiserv Promotes Account Aggregation System

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NU Online News Service, May 28, 2003, 3:18 p.m. EDT – Fiserv Inc., Brookfield, Wis., has introduced a version of its Fiserv Front View account aggregation system for the insurance industry.

Insurers can use the system to offer customers a consolidated view of personal assets and liabilities, including bank and credit card balances, frequent-flyer miles, phone and utility bills, investment funds and mortgage balances.

The system gives the insurer customer-approved access to information about participating customers’ assets, liabilities and financial behavior, Fiserv says.

Insurers also can use the system to bill customers and to track sales productivity and sales force commissions, Fiserv says.